09:20 AM EDT, 04/12/2024 (MT Newswires) -- Financial stocks were declining premarket Friday with the Financial Select Sector SPDR Fund ( XLF ) 1% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 3.1% higher.

Applied Digital ( APLD ) shares were over 1% higher after the company reported its fiscal Q3 financial results.

State Street (STT) shares were up 1.9% after the company reported higher Q1 adjusted earnings and revenue.

Citigroup ( C ) shares were 0.6% higher after the company reported Q1 earnings per share and revenue that topped consensus from analysts polled by Capital IQ.